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3.31 Tuesday Morning Bitcoin Short-Term Strategy
Yesterday's rally then pullback, early session surged around 657, reaching 681 before facing resistance and retreating, followed by an early morning dip to 662, with bulls and bears fluctuating, overall still in a range-bound consolidation.
Four-hour chart: Price correction remains generally weak, but no effective breakdown has formed. Bollinger Bands are flattening, short-term volatility is consolidating. MACD shows a bullish crossover upward, KDJ's three lines are diverging in a bearish manner, indicating clear divergence. Currently, the price is in a low zone with no signs of sustained downward momentum.
Intraday strategy: Watch for a rebound, buy on dips near lows, and consider short positions if resistance is encountered on the rally.
Early session reference
Long positions: Enter in batches around 665, 660, targeting 680–690 area
Short positions: If the price hits target zones and upward momentum weakens, consider high-level short entries #BTC